Ann: Blackstone Completes PFS at Ta Khoa Nickel Project, page-12

I think the disappointing part is the upstream is clearly minimal $ in it, the money here is made in the downstream.

But as Scott touches on in the address, the nickel allows security for these companies in a commodity that will likely end up in a long run deficit. Therefore we can use the mine and nickel we have as leverage to hold a large stake in the downstream business.

Also I like the part that they will pursue more drilling to continually increase that 50% internally supplied.

Interested to hear more thoughts.